After months of warning that volatility was being ignored, Dr. VIX finally gets a little revenge.

With the Nasdaq suffering its worst selloff of the year, VIX surging back toward the 20 handle, and volatility returning to the market, Mark Longo and Russell Rhoads break down what sparked the move and whether this is just another dip-buying opportunity or the beginning of a larger shift in sentiment.

The hosts explore the impact of stronger-than-expected jobs data, shifting interest rate expectations, rising concerns about massive AI infrastructure spending, and why companies may soon have less cash available for stock buybacks. They also examine what these developments could mean for equity valuations and volatility traders heading into the summer months.

In this episode:

VIX surges toward the 20 level
Nasdaq suffers its worst decline of the year
Is the AI spending boom becoming a problem?
Why buybacks may be slowing down
VIX futures and volatility term structure analysis
Unusual activity in VIX options
UVIX, UVXY and VXX trading activity
Russell's Weekly Rundown
Crystal Ball predictions for next week

Is this finally the comeback Dr. VIX has been waiting for, or will the bulls once again ride to the rescue?